Is Columbia City, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Columbia City was a Buyer's Market.
Key Takeaway
Columbia City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbia City, IN
How much do homes in Columbia City, IN cost?
Median Sold Price
$232,450
$156/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Columbia City have sold for 19.8% less than they did a month ago.
Summary: The median home sold price in Columbia City was $232,450 in June 2024, down 19.8% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $176K | +0.6% |
| 3 Bedrooms | $405K | $245K | -39.5% |
| 4 Bedrooms | - | $664.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Columbia City housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 39.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Columbia City, IN
How many homes are available in Columbia City, IN?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 32 | +77.8% |
Summary: The Columbia City real estate market had 32 homes for sale in June 2024, a 77.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 8 | 21 | +162.5% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbia City housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 162.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 9 | +350.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbia City, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Columbia City in June 2024, up by 350.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Columbia City, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.